Romanian
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Romanian wines off to rediscover America
Millions of Romanian wine bottles used to reach the shelves of American supermarkets before 1989, due to a partnership concluded with soft drinks company Pepsi Cola. The exports of Romanian...
Romanian companies pay $500m to RomTelecom
The telecommunications market in Romania has increased 17.64% in a year, from $1.7bn in 2001 to about $2bn in 2002, according to a survey released by Roland Berger Strategy Consultants. The...
What's with all these currency inflows on the Romanian market?
Massive currency inflows are finding their way to Romania and it's not just the foreign direct investment.The persistent surplus recorded on the forex market has forced the National Bank (NB...
Big takeover on Romanian software market
Swiss company Temenos, one of the world's leading banking software suppliers has decided to make serious investments on the Romanian market. Temenos has bought the controlling interests in t...
Romanian State in search of solutions for Daewoo Craiova
The Romanian authorities are trying to figure out a way so that Daewoo Automobile Romania can continue to operate on the auto market. One solution would be to keep the current range of model...
Romanian State Inc., another loss-making enterprise
If public administration were a business, the Romanian Government Inc. would be a company with growing turnover and lenient creditors, since its spending keeps outgrowing revenues. In 2003,...
A quarter of Romanian tourism in the hands of 13 people
The hotel industry this year was the target of spectacular investments, due to the privatisation process, which led to a very high density in this sector. Consequently, a handful of managers...
OTP bids farewell to BCR, keeps eyeing Romanian market
Hungarian bank OTP has accepted the fact that its bid for the privatisation of BCR (Romanian Commercial Bank) will likely be rejected and has already moved on to other potential takeover tar...
Romanian online stores alive and kicking
Initiatives in Romanian e-commerce emerged way after the bolder Western businessmen founded the first online stores. This situation pushed Romania on the last positions in Europe as for the...